Here's how to earn yield and potentially get a good airdrop from @EchelonMarket.
3 strategies that you can use depending on your risk appetite
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Besides Aries, @EchelonMarket is the next money market on @Aptos in the LFM program.
LFM, run by Aptos Foundation, supports teams with proven traction, aiding their TGE and expansion.
Farmers who farm DRIPs benefit when @hyperion_xyz, the leading DEX on Aptos and part of LFM, launches its TGE.
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Echelon is currently running a Season 2 points program.
Easy:
- Deposit USDC, earn 10.3% APR in thAPT + points
if you are a stablecoin farmer, echolon is a good place to be
Normal:
- Deposit USDC, earn 10.3% APR in thAPT.
- Borrow APT at -4.24% APR.
- Mint kAPT on @kofi_finance.
- Deposit kAPT for 12% APR.
- Net: 18% APR + points.
Hard:
- Repeat the normal strategy to a comfortable Health Factor (I use 120-130%).
- Risk-tolerant users can go lower, but <100% risks liquidation.
Points:
- No clear info on points, but borrowing typically earns more. I'm rank 1829 and will test more strategies to climb the ranks.
Echelon is now part of LFM - Aptos growth engine for the next generation of ecosystem leaders.
From $0 to $200M+ TVL, we've built the leading stablecoin and money market layer on @Aptos.
Now we’re just getting started.
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